Meeting Details

The 72nd Annual General Meeting was held on Tuesday, 30th June 2026 at 3:00 p.m. (IST) through Video Conferencing/Other Audio Visual Means.

Shareholder Participation

  • Total number of shareholders on record date (23rd June 2026): 2,76,849
  • Shareholders attending through video conferencing: 74 (4 from Promoter and Promoter Group, 70 from Public)
  • The meeting was conducted entirely through virtual means with no physical attendance

Voting Process and Methods

  • Remote e-voting commenced on Friday, 26th June 2026 (9:00 a.m. IST) and ended on Monday, 29th June 2026 (5:00 p.m. IST)
  • E-voting during the AGM was conducted using NSDL's platform
  • The voting platform was reopened during the AGM and kept open for 15 minutes after the meeting
  • Scrutinizer: Bhaskar Upadhyay (Partner of N. L. Bhatia & Associates, Practicing Company Secretaries)
  • Voting process witnessed by two independent witnesses: Mr. Bharat Upadhyay and Mr. Vaibhav Doshi

Resolution Details and Voting Outcomes

Ordinary Business

Item 1: Adoption of Audited Standalone Financial Statements for FY26

  • Resolution Type: Ordinary
  • Promoter interest: No
  • Total votes cast: 262,769,644 (79.4143% of outstanding shares)
  • Votes in favor: 262,608,545 (99.9387%)
  • Votes against: 161,099 (0.0613%)

Item 2: Adoption of Audited Consolidated Financial Statements for FY26

  • Resolution Type: Ordinary
  • Promoter interest: No
  • Total votes cast: 262,769,644 (79.4143% of outstanding shares)
  • Votes in favor: 262,619,068 (99.9427%)
  • Votes against: 150,576 (0.0573%)

Item 3: Declaration of Dividend of Rs. 4 per Equity Share

  • Resolution Type: Ordinary
  • Promoter interest: No
  • Total votes cast: 262,849,586 (79.4384% of outstanding shares)
  • Votes in favor: 262,848,685 (99.9997%)
  • Votes against: 901 (0.0003%)

Item 4: Re-appointment of Mr. Mukundan Menon C. P. (DIN: 09177076)

  • Resolution Type: Ordinary
  • Promoter interest: No
  • Total votes cast: 262,813,198 (79.4274% of outstanding shares)
  • Votes in favor: 259,561,368 (98.7627%)
  • Votes against: 3,251,830 (1.2373%)

Item 5: Re-appointment of Mr. Vinayak Deshpande (DIN: 00036827)

  • Resolution Type: Ordinary
  • Promoter interest: No
  • Total votes cast: 262,646,324 (79.3770% of outstanding shares)
  • Votes in favor: 234,209,565 (89.1730%)
  • Votes against: 28,436,759 (10.8270%)

Special Business

Item 6: Appointment of Mr. Sunil Alaric D'Souza (DIN: 07194259) as Non-Independent Non-Executive Director

  • Resolution Type: Ordinary
  • Promoter interest: No
  • Total votes cast: 262,812,998 (79.4274% of outstanding shares)
  • Votes in favor: 262,207,740 (99.7697%)
  • Votes against: 605,258 (0.2303%)

Item 7: Ratification of Cost Auditor's Remuneration

  • Resolution Type: Ordinary
  • Promoter interest: No
  • Total votes cast: 262,812,998 (79.4274% of outstanding shares)
  • Votes in favor: 262,812,539 (99.9998%)
  • Votes against: 459 (0.0002%)

Category-wise Voting Breakdown

Detailed voting results are provided for each resolution across three shareholder categories:

1. Promoter and Promoter Group (100,253,480 shares)

2. Public Institutions (184,883,138 shares)

3. Public Non-Institutions (45,748,122 shares)

For each category, the report shows votes cast through e-voting, poll, and postal ballot methods with percentage calculations.

Scrutinizer's Role and Findings

  • Bhaskar Upadhyay (FCS 8663) was appointed scrutinizer to oversee the voting process
  • The scrutinizer verified that the voting process was conducted fairly and transparently
  • NSDL provided the e-voting platform for both remote and meeting-based voting
  • All resolutions were deemed passed with requisite majority as of June 30, 2026

Compliance Confirmation

The disclosure confirms compliance with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA General Circulars including No. 20/2020 and No. 03/2025

Additional Information

  • Notice and Annual Report were sent electronically to members with registered email addresses
  • Physical copies were provided to members who requested them
  • Advertisements were published in Business Standard (English) and Sakaal Mumbai (Marathi) on May 28, 2026 and June 8, 2026
  • Cut-off date for voting eligibility: June 23, 2026